deficit
Canada's red ink won't vanish
By GREG WESTON
As Stephen Harper leads the country toward a historic $55-billion deficit and beyond in the name of economic stimulus, recent polls show ordinary Canadians are starting to fret about leaving their kids drowning in a sea of red ink.
But not to worry. In the world according to federal Finance Minister Jim Flaherty, the national deficit will disappear when the Conservatives stop printing those big cardboard cheques for roads, sewers and new door knobs.
The finance minister's recent economic report went so far as to promise the country would "return to budgetary balance" without raising taxes, or cutting support to seniors or families.
Canada will be back in the black, Flaherty promised, without reducing employment insurance benefits or funding to the provinces for health care, social services or regional equalization.